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Monday, January 31, 2011

Bursa Malaysia: Plantations sector a 'trading buy' at CIMB

Crude palm oil prices may fall in the short term on concern that unrest in Egypt may weaken import demand and prompt traders to liquidate their speculative positions, CIMB Investment Bank Bhd said in report today.

The plantations sector was maintained as a 'trading buy' because the impact is expected to be temporary, according to the report. -- Bloomberg